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DennisDims

EURNZD KEEPS RISING

Long
Euro / New Zealand Dollar (FX:EURNZD)  
DennisDims Updated   
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns eurnzdlong Forex trendtrading
4
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trendanalysis harmonicpatterns chartpattern eurnzdlong forex trendtrading
EURNZD recently bounced off the broken resistance turned support and continued rising steadily.

Price is approaching strong resistance at 1.80670 from where we can expect a rebound.

Recommendation: Buy Limit orders at around 1.77350.
Comment:
The price reached the target resistance and bounced bearishly.
We can wait for double top confirmation before opening short orders.
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